Proceedings from the 1st International Conference on Law and Human Rights, ICLHR 2021, 14-15 April 2021, Jakarta, Indonesia

Research Article

The Function of The Debt Recognition Deed Grosse Due to An Effort to Provide Bank Protection as The Credit Provider (Research in Medan City)

Download309 downloads
  • @INPROCEEDINGS{10.4108/eai.14-4-2021.2312975,
        author={Vincent  Wagner and Tommy  Leonard and Heriyanti  Heriyanti and Elvira Fitriyani  Pakpahan and Mega  Kartika},
        title={The Function of The Debt Recognition Deed Grosse Due to An Effort to Provide Bank Protection as The Credit Provider (Research in Medan City)},
        proceedings={Proceedings from the 1st International Conference on Law and Human Rights, ICLHR 2021, 14-15 April 2021, Jakarta, Indonesia},
        publisher={EAI},
        proceedings_a={ICLHR},
        year={2021},
        month={10},
        keywords={grosse; act of loan; acknowledgement},
        doi={10.4108/eai.14-4-2021.2312975}
    }
    
  • Vincent Wagner
    Tommy Leonard
    Heriyanti Heriyanti
    Elvira Fitriyani Pakpahan
    Mega Kartika
    Year: 2021
    The Function of The Debt Recognition Deed Grosse Due to An Effort to Provide Bank Protection as The Credit Provider (Research in Medan City)
    ICLHR
    EAI
    DOI: 10.4108/eai.14-4-2021.2312975
Vincent Wagner1,*, Tommy Leonard1, Heriyanti Heriyanti1, Elvira Fitriyani Pakpahan1, Mega Kartika1
  • 1: Universitas Prima Indonesia, Medan, Indonesia
*Contact email: vincent.wagnerzz@gmail.com

Abstract

Executorial title is performed to protect a creditor from a debtor's poor performance. Executorial title form deciding that debtor must pay certain amount of money or certain achievement, or based on the act of guarantee agreement with mortgage (guarantee right) and the notarial document in the form of grosse act of loan acknowledgment. Yet, mistake frequently occurs in the making of grosse act document because of less understanding the form of the grosse, that is frequently mistaken for the grosse act of mortgage or the act of guarantee right and there is also a difference in the final total amount found in the main agreement from that found in the grosse act or that found in the bank account statement. Therefore, the problems looked at in this study are what legal principle and how the grosse act of loan acknowledgement protects the interest of the credit-giving bank in Medan